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Category: BUSINESS

Posted on 17/01/2023

Ailing Singapore crypto firm Vauld gets more time to restructure

A SINGAPORE court has extended the creditor protection period for crypto lender Vauld to Feb 28, as the company has yet to come up with a revival plan, said a source familiar with the matter. Vauld is ...

Posted on 17/01/2023

Chinese travelers are returning to Singapore, but a full recovery is not expected this year

"I welcome that competition. I think it is good, and I'm glad that Hong Kong is back in business ... but that also means that we have to work harder at securing a good set of events and investments ...

Posted on 17/01/2023

‘Ugly’ food gaining acceptance in Singapore but more education needed, businesses say

As Singapore works towards waste reduction targets, the rejection of imperfect food for cosmetic reasons remains a challenge.

Posted on 17/01/2023

Singapore Exports Slump 20.6% On Weaker Demand

Singapore's non-oil exports declined for the third straight month in December, and at a faster-than-expected pace, amid sharp falls ...

Posted on 17/01/2023

Founders of failed crypto fund Three Arrows Capital looking to raise $33m for new venture

The two men behind bankrupt Three Arrows Capital (3AC) are looking for funding to stage a comeback, six months after their cryptocurrency hedge fund collapsed. Read more at straitstimes.com.

Posted on 17/01/2023

Founders of bankrupt Three Arrows Capital pitch new platform for crypto debt claims

The co-founders of the now-liquidated crypto hedge fund Three Arrows Capital are pitching a new company focused on digital currency bankruptcy claims. Kyle Davies and Su Zhu, both founders of defunct ...

Posted on 17/01/2023

Singapore’s Dec non-oil domestic exports fall 20.6% yoy

Singapore's non-oil domestic exports (NODX) declined 20.6% year-on-year in December 2022, led by drops in both electronics and non-electronic products. On a month-on-month seasonally adjusted basis, ...

Posted on 17/01/2023

Singapore’s non-oil exports fall 20.6% in December; third straight month of decline

SINGAPORE: Singapore's non-oil domestic exports (NODX) fell for the third straight month in December due to weak global demand.  NODX fell by 20.6 per cent year on year in December from a high base a ...

Posted on 17/01/2023

What are the top challenges faced by businesses in Singapore?

Despite these challenges, 80% of them remain confident in the resiliency of their operations. Manpower challenges remain the top issue concerning businesses in Singapore, data from the Singapore ...

Posted on 17/01/2023

Singapore exports down 20.6% in December in third straight month of contraction

SINGAPORE’S non-oil domestic exports (NODX) contracted again in December, dragged by declines in non-electronic shipments and declining deliveries to most of the Republic’s top 10 key markets, data ...

Posted on 17/01/2023

Singapore non-oil exports fall 20.6% in December, worse than expected

Both electronics and non-electronics shipments fell by double digits as key exports shrank for the third straight month. Read more at straitstimes.com.

Posted on 17/01/2023

Founders of Three Arrows Capital pitch platform for crypto bankruptcy claims

The co-founders of the now-liquidated crypto hedge fund Three Arrows Capital are pitching a new platform focused on digital currency bankruptcy claims. Kyle Davies and Su Zhu, both founders of Three ...

Posted on 17/01/2023

Would you buy ‘ugly’ food? Many Singapore consumers won’t, businesses say

As Singapore works towards waste reduction targets, the rejection of imperfect food for cosmetic reasons remains a challenge.

Posted on 17/01/2023

A Large Crypto Market Maker Is Already Distancing Itself From New 3AC Venture

The co-founders of bankrupt 3AC think they can 'dominate' the crypto claims market, eventually 'fill the power vaccum left by FTX'.

Posted on 16/01/2023

Singapore, Uzbekistan to further cooperation in areas such as food security, digitalisation

Gan made the announcement at the Singapore-Uzbekistan Business Forum, co-organised by the Singapore Business Federation (SBF) and the Embassy of the Republic of Uzbekistan. At the event, 18 MOUs were ...

Posted on 16/01/2023

Australia-to-Singapore solar plan no longer viable, says project’s billionaire investor

There has been widespread industry scepticism over the wild ambition of Sun Cable's plans. Read more at straitstimes.com.

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